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Sports Betting Terms

Sports Betting Terms and Definitions

Posted on October 10, 2020October 16, 2020 by admin

Whether you’re a beginner in sports betting or just starting your sports betting journey, there are plenty of terms you may not be familiar with.

Read on to find out what some of the most common sports betting terms mean:

Action: The act of placing a bet or having an active wager on a sporting event.

Against the Spread: Popular in spread betting, you try to find which team will cover the spread and not win the match.

Asian Handicap: A type of betting popular in Asia, where the favorite gets a handicap and the underdog gets a head start respectively, to make the bet more balanced.

Bankroll: The total amount of money available for sports betting.

Bookmaker: A registered business that offers odds and accepts bets on the outcome of sporting or other events.

Correct Score: One of many types of football betting, where you try to predict the correct score from a match between more than 20 different outcomes.

Double Chance: Place a single bet on two outcomes of an event, usually a football match (e.g. 1X, 12).

Exacta: A multiple bet including the first two horses of a race in the correct order of arrival.

Favourite: Selection in an event with the lowest odds.

First Half Bet: A bet placed on the half-time result of a sporting tie.

Handicap Racing: When horses carry different weights according to their official rating or the greyhounds have a head start according to their abilities.

Line: The odds or spread of points offered during a sporting event.

Odds: A number indicating how much profit you will get if you bet on the specific outcome.

Parlay: Another term for an accumulator bet.

Underdog: A competitor or a team that is unlikely to win.

SBOBET is one of the most recognisable names in the world of betting. This is an online sportsbook that understands how much punters love sports betting.

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